## What is Elcid Investment? Complete Guide for Investors

Elcid Investments Ltd. is a unique company in the Indian financial landscape, often discussed due to its extraordinarily high share price and its role as a holding company. This article explains what Elcid Investment is, its business model, shareholding structure, and why it attracts attention from investors and market watchers.

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### Overview of Elcid Investments Ltd.

Elcid Investments Ltd. is a non-banking financial company (NBFC) listed on the Bombay Stock Exchange (BSE). It primarily holds investments in blue-chip companies, most notably Asian Paints.

**Key Features:**
– NBFC and holding company
– Major stake in Asian Paints
– Very low public shareholding
– Listed on BSE (Code: 503681)
– Known for high share price and illiquidity

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### Elcid Investment Structure

| Factor | Details |
|——————-|————————————|
| Type | NBFC Holding Company |
| Main Asset | Shares of Asian Paints |
| Public Float | Extremely Low |
| Dividend History | Rare |
| Liquidity | Very Low |
| Market Cap | High due to underlying holdings |

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### Why is Elcid Investment Unique?

– **Major Holdings:** Its value derives from large holdings in Asian Paints, a top Indian company.
– **Low Liquidity:** Very few shares trade, resulting in high price per share.
– **Book Value:** The book value per share is extremely high.
– **No Stock Splits:** The company has not split its shares, keeping the price elevated.

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### Pros of Elcid Investment

– Indirect exposure to blue-chip stocks
– High book value and asset backing
– Potential for capital appreciation

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### Cons & Risks

– Extremely illiquid
– Difficult for retail investors to buy or sell
– Limited dividends
– Governance and regulatory risks

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### People Also Ask

**Q: What does Elcid Investment do?**
A: Elcid Investments is a holding company that owns shares of major listed companies, especially Asian Paints.

**Q: Why is Elcid Investment’s share price so high?**
A: The high price is due to its valuable holdings and very low public float.

**Q: Can I buy Elcid Investment shares?**
A: Shares are listed on BSE but are rarely traded due to low liquidity.

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### Frequently Asked Questions (FAQ)

**1. What is the ticker code for Elcid Investment?**
BSE code: 503681.

**2. Does Elcid Investment pay dividends?**
It rarely pays dividends.

**3. What are the main assets of Elcid Investment?**
Primarily shares of Asian Paints and other blue-chip companies.

**4. Is Elcid Investment suitable for retail investors?**
Due to illiquidity and high price, it is not suitable for most retail investors.

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### Elcid Investment: Share Price Table

| Year | Open Price (INR) | High (INR) | Low (INR) | Close Price (INR) |
|———|——————|————|———–|——————-|
| 2022 | 2,00,000 | 2,05,000 | 1,95,000 | 2,03,000 |
| 2023 | 2,10,000 | 2,25,000 | 2,00,000 | 2,15,000 |
| 2024 | 2,20,000 | 2,40,000 | 2,10,000 | 2,30,000 |

*Note: Prices are indicative. For latest price, check BSE website.*

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### Investment Strategies

– **Long-Term Hold:** Suitable only for investors who can hold for years.
– **Track Underlying Assets:** Monitor Asian Paints and other holdings.
– **Understand Risks:** Be aware of liquidity and governance risks.

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### Conclusion

Elcid Investment is a rare and high-value holding company whose price reflects the value of its assets and limited availability. While it provides indirect exposure to blue-chip companies, its illiquidity and high price make it unsuitable for most retail investors.

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**Table: Elcid Investment at a Glance**

| Factor | Details |
|———————–|————————–|
| Type | NBFC Holding Company |
| Major Asset | Asian Paints |
| Listed On | BSE (503681) |
| Public Float | Extremely Low |
| Dividend History | Rare |
| Liquidity | Very Low |

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*Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always consult a financial advisor before making investment decisions.*